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Free the Market: Ending the Corporate Welfare Racket

March 12, 2016

At the 2016 Conservative Political Action Conference, host Bill Frezza moderated a lively panel discussion on the corrosiveness of cronyism. Despite public outcry, big businesses and big government have institutionalized corporate welfare, where taxpayer-supported subsidies, bailouts, and regulations that crowd out competitors are exchanged for votes, campaign contributions, and job security in DC’s ‘revolving door’ of lobbying and consulting gigs. The panelists included Washington Examiner columnist Tim Carney, Alison Fraser of the Charles Koch Institute, Matthew Mitchell of the Mercatus Center, and Peter Schweizer of the Government Accountability Institute. They suggested increasing transparency and exposing cronyist businesses and politicians as the solution.